Description
Highlights:
Loan Terms: 30 years
Rate: 3.75% (2.75% for non-profit)
Up to $500,000
Requirements:
Must have been in business prior to January 31
st, 2020.
Must have filed 2019 tax returns.
Applicant cannot be a felon (within 5 years).
Applicant cannot have defaulted on any government loans in the past.
Applicant cannot be more than 60 days late on child support.
Minimum Experian credit score of 600.
Proceeds must be used for working capital (payroll, overhead, etc.).
TIME IS OF THE ESSENCE! We only have until December 2021 OR until funds run out!
Discussion
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